Sometimes students are put into a position where they can't get a private loan to pay for college because of bad credit.
In this case, the only sort of loan ready to them is a private student loan no cosigner? If you are willing to pay the price, there are plenty of no credit check student funding ready if you look around online - you just need to know how to find them.
secret learner Loan - No Cosigner
Before looking at this type of loan, reconsider the following:
1. You have received the maximum number of federal student loan aid
2. You have exhausted all student grant and scholarship options
3. You have a part time job
4. You don't have a cosigner and you have no credit or bad credit.
If you answered yes to the above, then read on.
There are two types of funding for students you can apply for: federal funding and private loan funding. Federal funding has two different loan funding - Perkins and Stafford loan. These loans are no cosigner, no credit check, deferred loans. In a nutshell that means you get a amazing deal as a student. Even if you have very bad credit history, you can still qualify for one of these loans. The interest rate on federal loans is very low as well and it doesn't matter whether you have good credit or bad credit, all students get the same rate.
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